AP2 today publishes its second climate report in accordance with Task Force on Climate-related Financial Disclosures (TCFD) recommendations.
With IPCC’s (Intergovernmental Panel on Climate Changes) special report on the impact of a global warming of 1.5 degrees Celsius, it has become even more evident that the transition needs to be fast and powerful. In 2018, AP2 continued its work on integrating climate into risk assessments and investment decisions, which is becoming increasingly important.
In the report two of the Fund's unlisted real estate companies describe how they have worked with scenario analysis in order to better understand possible impact physical climate risks may have on their real estate portfolios.
Read the report.